Mary buys goods on credit from Kim. Mary receives 14% trade discount on all purchases and takes advantage of the 5% cash discount offered for payment within 14 days. The following information is available: 2013 June 1 Mary owed Kim $680 for goods purchased on 29 May 2013. June 4 Kim sold goods to Mary, list price $800. June 5 Mary sent Kim a cheque for the balance owing on 1 June. June 8 Mary returned goods purchased on 4 June, list price $100, to Kim. June 28 Kim sold further goods to Mary, list price $300. June 29 Kim received a cheque from Mary for goods purchased on 4 June. June 30 Mary received details from Kim of her transactions during the month. REQUIRED

1. (a)Name the document and book of prime entry used by Kim on the dates below: Date 4 June 8 June Business document Book of prime entry[4]
2. (b)State the name of the document Mary received on 30 June.[2]
3. (c)Write up the ledger account of Mary in Kim's books. Balance the account and bring down the balance on 1 July 2013. Mary account[10]
4. (d)Indicate with a tick (✓) the ledger in which the following accounts would appear. The first item has been completed as an example. Account Sales Drawings Kline Ltd (Supplier) Millar and Son (Customer) Insurance Sales ledger Purchase ledger General ledger ✓[4]
5. (e)State three advantages of a computerised system of accounting. 1 2 3[6]